Fluence Energy (NASDAQ:FLNC) Shares Gap Up – Should You Buy?

Fluence Energy, Inc. (NASDAQ:FLNC)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $15.80, but opened at $18.15. Fluence Energy shares last traded at $16.8290, with a volume of 4,213,871 shares trading hands.

Analyst Upgrades and Downgrades

FLNC has been the topic of a number of research reports. BNP Paribas Exane reaffirmed an “underperform” rating and issued a $9.00 price target on shares of Fluence Energy in a report on Tuesday, October 21st. UBS Group raised their target price on Fluence Energy from $6.00 to $8.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 27th. Royal Bank Of Canada lowered their target price on Fluence Energy from $8.00 to $7.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 13th. BNP Paribas set a $9.00 price target on Fluence Energy and gave the stock an “underperform” rating in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. lifted their price objective on Fluence Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Four equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fluence Energy currently has an average rating of “Reduce” and a consensus target price of $9.57.

Fluence Energy Stock Performance

The company’s fifty day simple moving average is $15.90 and its 200 day simple moving average is $10.07. The stock has a market capitalization of $3.16 billion, a P/E ratio of -78.78 and a beta of 2.87. The company has a current ratio of 1.64, a quick ratio of 1.06 and a debt-to-equity ratio of 0.75.

Fluence Energy (NASDAQ:FLNC) last released its quarterly earnings results on Monday, November 24th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10). The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.39 billion. Fluence Energy had a negative return on equity of 3.42% and a negative net margin of 0.76%.The company’s revenue for the quarter was down 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 EPS. Fluence Energy has set its FY 2026 guidance at EPS. As a group, sell-side analysts forecast that Fluence Energy, Inc. will post 0.08 earnings per share for the current fiscal year.

Institutional Trading of Fluence Energy

A number of large investors have recently modified their holdings of FLNC. Advisory Services Network LLC bought a new position in shares of Fluence Energy in the third quarter worth approximately $48,000. Parallel Advisors LLC purchased a new position in Fluence Energy in the 2nd quarter worth approximately $30,000. Quantbot Technologies LP bought a new position in shares of Fluence Energy in the 3rd quarter worth $51,000. Quarry LP raised its position in shares of Fluence Energy by 4,371.4% during the 3rd quarter. Quarry LP now owns 5,947 shares of the company’s stock valued at $64,000 after buying an additional 5,814 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its position in shares of Fluence Energy by 25.7% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 7,753 shares of the company’s stock valued at $52,000 after buying an additional 1,586 shares in the last quarter. Institutional investors own 53.16% of the company’s stock.

Fluence Energy Company Profile

Fluence Energy, Inc, through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence.